Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Inheritance Tax Act 1984 section 55A
Purchased settlement powers
Section 55A deals with the inheritance tax consequences when a person purchases a settlement power — that is, pays money or gives other consideration to acquire the ability to control or influence how a trust operates.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.